GameStop: The best memes about Reddit, Wall Street and trading
GameStop saga has led to countless memes about the stock market, The Wolf of Wall Street, and Redditors
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.This week, Reddit users managed to successfully push up the value of gaming retailer GameStop after a call to action from both Elon Musk and subreddit r/WallStreetBets.
As a result, hedge funds lost a lot of money, while many new Wall Street investors found themselves significantly wealthier after the company’s stocks jumped to $230.
On social media, the apparent success and ensuing chaos caused in the stock market has been met with amusement, with many creating new memes finding the humour in GameStop’s sudden and unprecedented value.
In one meme shared on Twitter, which has since been liked more than 721,000 times, Sesame Street’s big bird sits at a conference table with men sitting in front of their open laptops.
“GameStop sitting amongst Tesla and Amazon after Reddit users make it a Fortune 500 company,” the caption reads.
Another person joked that the wealth they accumulated from purchasing stock in GameStop was enough to allow them to retire.
“My retirement plan is simple: four days ago I started trading exactly one stock,” they wrote.
Others asked the internet for help understanding the Wall Street GameStop situation, with one person tweeting: “Can someone explain the GameStop thing to me like I’m five?”
The stock surge also prompted jokes about Reddit users surpassing Tesla’s CEO as the wealthiest person in the world, as well as memes about hedge fund investors having to learn what budgeting is and comparisons to the film The Wolf of Wall Street.
These are some of the best memes that have arisen out of the GameStop Wall Street saga.
You can follow the latest updates about Reddit, GameStop and Wall Street here.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments